Lenskart Solutions Ltd., India’s leading eyewear retailer, continues to make headlines ahead of its highly anticipated IPO. As of Tuesday, 28 October 2025, the Lenskart IPO GMP (Grey Market Premium) remains steady at ₹108, showing no change from the previous day — reflecting consistent investor optimism and stable demand in the unofficial market.
Lenskart IPO GMP Today – 28 October 2025 Update
| Date | GMP (₹) |
|---|---|
| 28-Oct-2025 | ₹108 |
Highlight: At a GMP of ₹108, the Lenskart IPO is expected to list around ₹510 per share, offering an estimated 26.87% listing gain for investors who receive allotment.
About Lenskart IPO
- Company Name: Lenskart Solutions Ltd.
- Industry: Eyewear / Retail / E-commerce
- IPO Open Date: 31 October 2025
- IPO Close Date: 4 November 2025
- Price Band: ₹382 – ₹402 per share
- Face Value: ₹1 per share
- Lot Size: 37 shares per lot
- Total Issue Size: ₹7,278 crore (approx.)
- Fresh Issue: ₹2,150 crore
- Offer for Sale (OFS): ₹5,128 crore
- Listing Date (Tentative): 8 November 2025
- Exchanges: NSE, BSE
Why Is Lenskart IPO in Focus?
- Consistent GMP: The stable GMP at ₹108 signals strong investor sentiment.
- High Valuation Play: Lenskart targets an ~₹70,000 crore post-IPO valuation (~US$8 billion).
- Strong Investor Backing: Global giants like SoftBank, Temasek, and KKR have stakes in the company.
- Solid Financials: FY25 profit of ₹297 crore on revenue of ₹6,652 crore.
- Large Retail Network: 2,000+ Indian outlets and 650+ global stores.
Lenskart IPO GMP Trend – Last 5 Days
| Date | GMP (₹) | Change | Expected Listing (₹) | Sentiment |
|---|---|---|---|---|
| 28-Oct-2025 | ₹108 | No Change | ₹510 | Stable |
| 27-Oct-2025 | ₹108 | +3 | ₹510 | Bullish |
| 26-Oct-2025 | ₹105 | +5 | ₹507 | Positive |
| 25-Oct-2025 | ₹100 | +2 | ₹502 | Improving |
| 24-Oct-2025 | ₹98 | — | ₹500 | Strong Start |
Observation: GMP has steadily risen from ₹98 to ₹108 over the past few days, mirroring growing demand and bullish sentiment among retail and HNI investors.
Expected Listing Gain
At the upper price band of ₹402 and a GMP of ₹108, investors could see a 26–27% listing gain if the current grey market trend sustains till the listing day.
Example Calculation:
₹402 (Issue Price) + ₹108 (GMP) = ₹510 (Expected Listing Price)
Profit per Lot (37 shares) = ₹108 × 37 = ₹3,996
Should You Apply for the Lenskart IPO?
Apply if:
- You seek strong listing gains (~25% potential).
- You believe in Lenskart’s long-term growth in the retail and fashion-tech segment.
- You trust in the brand’s expansion and profitability story.
Be Cautious if:
- You’re risk-averse to market volatility.
- You rely only on GMP for decision-making (GMP is speculative and unofficial).
Analyst View
Analysts expect a high subscription from all investor categories, with QIB and HNI sections likely to be heavily oversubscribed. The retail allotment may remain tight, given the massive interest and limited share availability.
Lenskart’s profitability turnaround, strong investor lineup, and D2C brand appeal make it one of the most-watched IPOs of 2025.
Conclusion
As of 28 October 2025, the Lenskart IPO GMP holds firm at ₹108, projecting an estimated listing price of ₹510 and ~26.87% gain potential. The steady trend indicates investor confidence and market stability leading into the IPO week.
Investors should, however, remember that GMP is an unofficial indicator and not a guaranteed metric for listing performance. Evaluate fundamentals, risk factors, and long-term business prospects before investing.
Disclaimer
This article is for informational purposes only. Grey Market Premium (GMP) data is based on market trends and may vary. It should not be taken as financial advice. Always consult your financial advisor before investing in IPOs.
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